available drive-thru restaurant

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1 available drive-thru restaurant 2819 n broadway los angeles, ca LINCOLN HEIGHTS drive-thru restaurant available 2819 n broadway, los angeles, ca

2 Property Overview 2819 N Broadway is a freestanding drive-thru, conveniently situated between four of LAs most iconic neighborhoods including Chinatown, Echo Park, Frogtown, and DTLA. Located just off the 5 in the heart of Lincoln Heights, the N Broadway corridor is undergoing a tremendous amount of growth as chef-driven bars and restaurant concepts continue to emerge on this bustling retail drag. With a full kitchen build out, drive-thru capabilities, and ample parking, this property provides a rare opportunity for any unique and growing restaurant tenant. 2 MATTHEWS REAL ESTATE INVESTMENT SERVICES

3 Drive-Thru Restaurant Available 2819 N Broadway Los Angeles, CA 90031»» Future Population Growth % projected in »» CONVENIENT ACCESS to I-5 freeway»» 1,734 square feet available»» PARKING Available in Rear - 10 SPACES»» AMAZING VISIBILITY - signage on N Broadway Asking Rate $4.75 PSF + $0.73 NNN Cross Streets N Broadway & Griffin Ave Parking Available Free Surface Spaces 2819 N BROADWAY - LOS ANGELES, CA 3

4 SITE PLAN NAP SPACE AVAILABLE NAP PATIO N BROADWAY ±36,000 ADT 4 MATTHEWS REAL ESTATE INVESTMENT SERVICES

5 RETAIL TRADE AREA TRAFFIC COUNTS N Broadway - ±36,000 ADT Griffin Avenue - ±12,000 ADT Interstate 5 - ±231,000 ADT SUBJECT PROPERTY 2819 N BROADWAY - LOS ANGELES, CA 5

6 AREA OVERVIEW LINCOLN HEIGHTS, CA Lincoln Heights is considered to be one of the oldest neighborhoods in Los Angeles, CA. It is a densely populated, youthful area. Lincoln Heights takes advantage of LA s natural hills to provide a beautiful view of downtown s skyscrapers. 5-MILE RADIUS OF PROPERTY 548,380+ EMPLOYEES 57,479+ BUSINESSES DISTANCE TO MAJOR FREEWAYS LOCAL DEVELOPMENT The vacant 229,000-square-foot jail in Lincoln Heights is getting a reboot to what they are calling the Lincoln Heights Makers District. The development will include a cluster of commercial and manufacturing spaces, a public market, creative offices, live/work housing, recreation space, and a communal rooftop area. Demographic Highlights ± 0.4 MILES ± 1.0 MILES POPULATION POPULATION GROWTH NUMBER OF HOUSEHOLDS ± 2.5 MILES ±.3.8 MILES 343, % 107,601 6 MATTHEWS REAL ESTATE INVESTMENT SERVICES

7 Proximity to Local Attractions DODGER STADIUM ±2.6 MILES 3 4 DOWNTOWN LOS ANGELES ±4.0 MILES 4 1 S 5 FROGTOWN ±3.7 MILES ECHO PARK ±4.0 MILES 2 5 Chinatown is the restaurant hub of Downtown Los Angeles. A few of the hotspots include: -Chego -Howlin Rays -Full Moon House -Yang Chow -Ocean Seafood CHINATOWN ±1.8 MILES 2819 N BROADWAY - LOS ANGELES, CA 7

8 Los Angeles MSA TOP EMPLOYERS ECONOMY The LA economy is famously and heavily based on the entertainment industry, with a particular focus on television, motion pictures, interactive games, and recorded music - the Hollywood district of Los Angeles and its surrounding areas are known as the Movie Capital of the United States due to the region s extreme commercial and historical importance to the American motion picture industry. Other significant sectors include shipping/ international trade - particularly at the adjacent Port of Los Angeles and Port of Long Beach, together comprising the United States busiest seaport - as well as aerospace, technology, petroleum, fashion and apparel, and tourism. 8 MATTHEWS REAL ESTATE INVESTMENT SERVICES

9 LOCATION Demographics POPULATION 1-MILE 3-MILE 5-MILE 2023 Projection 35, ,845 1,045, Estimate 34, ,874 1,014, Census 32, , ,081 Growth % 3.48% 3.08% Subject Property HOUSEHOLDS 1-MILE 3-MILE 5-MILE 2023 Projection 9, , , Estimate 9, , , Census 8,905 99, ,453 Growth % 4.46% 3.71% INCOME 1-MILE 3-MILE 5-MILE 2018 Average Household Income 2018 Median Household Income $53,143 $67,200 $71,827 $38,162 $44,280 $46, N BROADWAY - LOS ANGELES, CA 9

10 2819 n broadway los angeles, ca drive-thru restaurant available Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director Michael.Pakravan@matthews.com direct (310) mobile (213) Lic # (CA) MATT SUNDBERG Leasing Associate Matt.Sundberg@matthews.com direct (310) mobile (770) Lic # (CA) 10 MATTHEWS REAL ESTATE INVESTMENT SERVICES